A stunning loss in company value is being reported by The Washington Examiner for the Disney Corporation.  On March 29th, they were valued at over $140.00 per share.  By April 22nd they had dropped to $120 per share.

WASHINGTON EXAMINER – “Disney’s stock has lost nearly $50 billion in value since the start of March, when it took a political gamble to oppose Florida’s controversial new education law.  Disney’s stock was down more than 2% on Friday and by more than 8.5% over the past few days as Florida lawmakers work to punish the company for wading into the state’s politics. The stock’s market cap has declined by about $46.6 billion since March 1, just days before the company came out against the legislation.” (read more)